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No, Cuba hasn’t launched its personal memecoin

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Cuba’s official authorities X account apparently tried to rugpull a Cuba-themed memecoin at this time in a stunt that prompted some to imagine the nation was in on the memecoin frenzy began by Donald Trump this weekend. 

Nevertheless, the launch seems to be the work of hackers, as not solely did the token dump following a price rise, however the posts from the Cuban Ministry of International Affairs seem fully out of character. 

After the primary promotion of “Official Cuba Coin,” the federal government account mentioned, “We are experiencing some difficulties with our X page and are investigating the issue. Please stand by with us.” 

One of many a number of rip-off tokens shared by the official Cuban authorities X account.

Learn extra: Donald Trump’s household tree predicted to sprout extra memecoins

This put up was deleted and an eight-minute X house titled “Sorry from $CUBA,” was then uploaded. At first, the host of house mentioned, “Hello everybody, this is me from Cuba, I’m very sorry about what happened, very sorry, someone had got into our account.”

He then mentioned, “Everybody this is not a rug pull,” earlier than shouting “Here we gooo, come on let’s go, a million MC.” This house was finally deleted earlier than the account posted yet one more hyperlink to a Solana-based crypto coin for Cuba in one other rip-off try. Now the account has been locked

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